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IFCD Submissions details
Income Statement. Balance Sheet. Cash Flow. Historical Prices. Advanced Charting. Company Info Finbond Group Ltd. A project to provide data, capacity building and policy advocacy to enable south African musicians earn a more sustainable living from their music through development of more effective revenue models. It is planned as a pilot for a wider pan African project. The policy advocacy strand will contribute to Outcome 1: A sustainable system of governance for culture that promotes the diversity of cultural expressions is created through targeting structural change.
The project is also relevant to Outcome 3: The value and opportunities that cultural and creative industries contribute to sustainable development are clearly demonstrated to relevant authorities involved in national development planning. The relevant ER is Innovation and new business models are applied to creation, production, distribution and access to diverse cultural goods and services as well as ER 3. The proposal articulates the weak revenue models and identifies underlying causes for this including lack of data, weak capacity and weak policy sector knowledge and policy environment.
The proposals also outline current government initiatives that are related to the development of the creative industries in the country. As it is a pilot, it focus on South Africa. Due to the ambitions of the project to scale up, it would have been good to see some broader information on the wider African context to show relevance in that area as well.
Indicators are clearly defined and targets for each outlined. The proposal does not specifically address these. There is gender balance in the workshops and the data processing teams. There is no specific reference to youth. The 12 members of the team outlined have varied and relevant experience in music, cultural management and project and financial management with experience between 4 and 30 years. If they are to be awarded, they should consider enhancing the research capability within the team as it seems at the moment, that the research capacity specifically referenced seems insufficient for the research deliverables.
Please explain how the methodology is appropriate to achieving the objectives? The activities demonstrate a keen understanding of the underlying issues leading to the problem. By beginning with research, the methodology will be evidence based and relevant to the context. The approach also provides tools and platforms and proposes to deploy technology which are relevant to the statement of the problem and the global context. The recognition of the role of policy and inclusion of advocacy also demonstrates understanding and is appropriate to the objectives.
The time frame seems realistic and consistent with the ambitions. Direct and indirect have been identified.
The capacity building initiatives are relevant to their needs and the other planned activities are consistent with these needs. The scale of participation in the workshop is small compared to the scale of the wider sector and if awarded, activities for example online training should be considered to extend the reach of the capacity building initiatives. If the budget has been overestimated or underestimated, please explain how. Outlined budget seems comprehensive and reasonable.
Budget seems adequate. Involvement of a financial officer? There are clear processes and controls outlined with named roles for monitoring. Some of the roles are not reflected in the budget or team.
Score :. To what extent are they likely to achieve the objectives of the project?
| Diversity of Cultural Expressions
Yes they are and the multi pronged approach will contribute to likely achievement of objectives. The main activities and budgets are relevant and appropriate and address the underlying issues relating to weak revenue streams,. The creation of the platform, the data from research and the policy advocacy activities will contribute to long term benefits. As the project is designed as a pilot, it can also if scaled up contribute beyond a South African context to cultural industries of other countries. To a reasonable extent as the data produced will help businesses and governments potentially change their approaches to the industry using evidence based approaches.
There are seven named partners across government, private sector and civil society and their roles are outlned. The proposal lists a number of government initiatives including a creative industries development framework, a government convened roundtable to develop a time bound road map for the industry etc and these are consistent with the objectives of the project as they all aim to develop growth in the sector through both micro and macro level interventions.
A business model which includes paid services and sponsorship has been outlined to ensure sustainability. The model needs to ensure that the free resources are sufficient to improve outcomes for artists who cannot afford the paid for services. Ongoing campaigns, surveys and email updates.
Overall evaluation:. Overall, this is a strong application which is recommended for funding. It demonstrates an understanding of wider issues and hones in on a specific problem to tackle robustly. The use of multiple approaches to tackle the underlying problems will also contribute to ensuring the projects success in meeting the set objectives. A strong team is in place although more research capability in the team is recommended. The partners identified bring a variety of relevant skills and the business model designed for sustainability seems well thought through and feasible.
Expert 2. This project aims to produce reliable data about earning trends of musicians in South Africa and beyond. The project offers three key services: industry research, analysis, mapping and reporting, capacity building — through provision of tutorial content on identified revenue models, training and offering tools for musicians to understand and adopt new revenue stream and advocacy for policy change — through the establishment of a dedicated Music Policy Advocacy Committee.
Mercury emissions from point sources in South Africa
Outcome 3: The value and opportunities that cultural and creative industries contribute to sustainable development are clearly demonstrated to relevant authorities involved in national development planning. Through ER 3. The data developed will facilitate a more intimate understanding of the earning patterns of musicians. This will help to identify critical capacity areas that need to be developed both at skills level and market strength including funding, policy and education thus contributing to ER3.
Through ER3. The proposal presents the weak revenue models and identifies underlying causes for this including lack of data, weak capacity and weak policy sector knowledge and policy environment and presents the current government initiatives that are related to the development of the creative industries in the country.